Search Results for: issuance

India’s Swadeshi Jagran Manch Calls for Outright Ban on Cryptocurrency

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The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch…

Ethereum bi lahko zrinil Bitcoin kot najboljše kripto skladišče vrednosti, Študija trdi

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A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in…

Putin opozarja, da kriptovalute prinašajo tveganja, Priznavajo, da imajo morda prihodnost

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Russian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. Vendar, the Russian leader has also acknowledged that digital currencies may have a future and it’s necessary to follow their development. Rusija’s Putin…

Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’

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Thailand is laying the groundwork to become a “crypto-positive society” with the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80 billion in lost tourism revenue due to the Covid-19…

Ruski uradniki podpirajo zamisel o priznavanju kripto rudarjev kot podjetnikov

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Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian…

Kazahstanski senat je sprejel zakonodajo, ki podvrže kripto platforme finančnemu nadzoru

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The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back Law…

SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations

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Predsednik U.S. Komisija za vrednostne papirje in borzo (SEC), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC has been criticized for taking an enforcement-centric approach to regulating the…

Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform

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The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of…

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

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The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, država’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent…